Press release on the Annual General Meeting 2013 Venue: Hotel Hilton München Park, Am Tucherpark 7, 80538 Munich
Munich, Mai 8, 2013 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 8, 2013, attended by nearly 550 shareholders and shareholders’ representatives, who represented approximately 80% of the share capital and thus nearly 3 million votes. All agenda items were approved by overwhelming majority votes.
LUDWIG BECK performs satisfactorily in 1st quarter – new online shop gains strong momentum
Munich, April 18, 2013 – Given the adverse weather conditions, the Executive Board of LUDWIG BECK AG (ISIN DE 0005199905) finds the company’s performance in the first quarter to be very satisfactory. The new online shop for beauty products (www.ludwigbeck.de) was just launched at the end of 2012 and is already on the road to success.
LUDWIG BECK increases sales and profit in 2012 - Dividend raised
Munich, March 14, 2013 – The Munich fashion group LUDWIG BECK (ISIN: 519 990) concluded the fiscal year 2012 with branch-adjusted sales up 2.6% and gross sales at € 103.2m. Following three consecutive record-breaking years, earnings before taxes (EBT) could again be improved by 7.0% and came to € 12.1m. Having anticipated a branch-adjusted sales increase of 2% – 3%, and EBT between € 10m - € 12m, the Executive Board saw its expectations fully met.
LUDWIG BECK increases sales of current branches by 2.9% - EBT expected to reach upper end of forecast (€ 10-12m)
Munich, January 7, 2013 – Compared to 2011, Munich fashion group LUDWIG BECK (ISIN DE 0005199905) increased gross sales of its flagship store at Marienplatz (including FÜNF HÖFE) by 2.9% to € 101.5m (2011: € 98.6m). This increase meets the board’s expectations. It thus achieved the branch-adjusted 2% to 3% gain in sales it was aiming for.
LUDWIG BECK celebrates entry into online business, an important step towards the development of new future potentials
Munich, December 12, 2012 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) can look back at a successful year 2012. Once again, the company was able to impressively outperform the sector trend of the strenuously striving German textile retail trade as per the 3rd quarter of 2012. In the last years, it has been a defining characteristic of LUDWIG BECK to concentrate all efforts on its flagship store at Marienplatz in Munich, which has always been a sure candidate for flourishing sales. Since December 4, 2012, the group has also been present in the online segment. From now on customers will find an exclusive and comprehensive range of premium products around the topics of beauty and cosmetics at www.ludwigbeck.de.
LUDWIG BECK exceeds industry barometer again with stable growth – branch-adjusted sales rise 3.6%, EBT gains remarkable 24%
Munich, October 18, 2012 – Despite unstable economic conditions, Munich Fashion Group LUDWIG BECK AG (WKN: 519 990) continues on its road to success and once again ends the 3rd quarter 2012 with improved figures.
LUDWIG BECK accelerates on road to success – branch-adjusted sales up almost 4%, EBT grows more than 80%
Munich, July 19, 2012 – After a good start into the current year, Munich fashion group LUDWIG BECK (WKN: 519 990) successfully expanded its market position as one of Munich’s leading department stores in the 1st half of 2012. Again, sales rose far above the overall industry trends and clearly exceeded last year’s earnings.
Press release on the Annual General Meeting 2012 Venue: Hotel Hilton München Park, Am Tucherpark 7, 80538 Munich
Munich, May 8, 2012 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 08, 2012, attended by nearly 600 shareholders and shareholders’ representatives, who represented approximately 80% of the share capital and thus 3 million votes. All agenda items were approved by overwhelming majority votes.
LUDWIG BECK ends 1st quarter of 2012 with record earnings / branch-adjusted sales rise 7.8%
Munich, April 19, 2012 – In the first three months of the 2012 fiscal year, Munich fashion group LUDWIG BECK (Security Identification Number: 519 990) expanded its success at a high level, clearly exceeding last year’s earnings.
LUDWIG BECK increased sales and profit in 2011
Munich, March 14, 2012 – The Munich-based fashion group LUDWIG BECK (Security Identification Number: 519 990) concluded the fiscal year 2011 with branch-adjusted gross sales up 1.7%. Even the record result of 2010 could be topped with earnings before taxes (EBT) soaring 13.9%.